MONEYGRAM INTERNATIONAL, INC. MGI Income Statement

Moneygram international, inc. (MGI)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
REVENUE
Fee and other revenue
280,800	308,900	311,200	309,300	301,000	331,800	333,700	362,500	370,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fee and other revenue
-	-	-	-	-	-	-	-	-	-	390,100	391,100	380,300	-	408,200	409,900	383,400	477,500	365,800	356,000	327,700	442,200	355,200	368,800	367,700	381,700	375,800	361,600	337,700	351,300	335,700	326,700	314,900	-	318,022	304,074	-	-	-
Fee and other revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	290,009	288,494	277,644
Investment revenue
10,100	12,400	13,400	14,500	14,400	14,000	13,500	12,100	9,900	8,800	7,700	18,900	5,800	5,300	4,600	4,400	3,700	3,600	2,800	2,800	2,900	2,900	2,800	3,600	7,200	4,100	7,200	3,500	2,800	3,100	2,900	3,400	3,200	3,081	3,925	5,879	4,015	4,393	6,253
Total revenue
290,900	321,300	324,600	323,800	315,400	345,800	347,200	374,600	380,000	408,200	397,800	410,000	386,100	416,200	412,800	414,300	387,100	481,100	368,600	358,800	330,600	445,100	358,000	372,400	374,900	385,800	383,000	365,100	340,500	354,400	338,600	330,100	318,100	321,876	321,947	309,953	294,024	292,887	283,897
EXPENSES
Fee and other commissions expense
143,200	155,600	152,800	155,400	149,600	164,200	169,000	178,900	176,500	193,200	190,100	194,200	186,000	198,700	199,900	203,500	191,000	274,500	168,700	163,200	153,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fee and other commissions expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	164,100	171,600	170,900	-	178,600	169,600	154,300	158,300	152,300	146,700	141,900	141,969	141,010	135,561	129,060	127,003	120,248
Investment commissions expense
3,000	4,500	6,300	6,200	6,300	6,200	5,100	4,500	3,500	2,800	2,600	2,000	1,300	800	600	600	500	300	200	200	100	100	100	100	100	100	100	100	100	0	100	100	100	50	99	111	140	181	216
Direct transaction expense
8,200	-	-	-	5,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total commissions and direct transaction expenses
154,400	-	-	-	160,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Direct transaction expense
-	-	6,700	6,200	-	6,200	5,600	7,000	5,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Direct transaction expense
-	-	-	-	-	-	-	-	-	-	5,800	4,800	5,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total commissions and direct transaction expenses
-	-	165,800	167,800	-	176,600	179,700	190,400	185,500	202,100	198,500	201,000	192,400	218,300	200,500	204,100	191,500	274,800	168,900	163,400	153,500	255,000	164,200	171,700	171,000	175,400	178,700	169,700	154,400	158,300	152,400	146,800	142,000	-	141,109	135,672	-	-	-
Total commissions expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	129,200	127,184	120,464
Compensation and benefits
53,400	65,000	50,500	53,500	59,400	58,700	56,700	65,100	79,300	68,700	67,400	65,500	70,200	69,900	72,500	74,400	71,700	74,800	73,100	87,800	74,700	61,400	68,900	75,000	69,700	66,800	66,200	66,400	65,500	68,700	54,800	59,000	59,100	57,857	60,635	57,913	59,295	56,220	55,225
Transaction and operations support
38,000	43,000	58,200	54,500	52,100	63,600	88,400	72,000	74,800	156,000	72,500	85,500	66,500	63,600	79,500	83,100	64,500	85,900	78,200	90,300	70,400	101,900	81,700	77,300	71,300	74,400	65,400	62,400	51,500	63,900	135,600	98,000	58,200	-	57,375	58,594	-	-	-
Occupancy, equipment and supplies
14,900	14,500	15,500	15,500	15,400	14,600	13,800	17,000	16,600	17,100	15,500	18,200	15,300	15,100	15,600	16,000	15,200	16,000	15,000	15,800	15,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	18,200	18,200	-	18,600	19,500	20,100	18,100	19,300	18,900	18,600	18,300	19,700	18,600	20,500	21,100	17,300	16,800	17,200	14,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transaction and operations support
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50,409	46,984	48,579
Occupancy, equipment and supplies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,400	13,700	12,800	-	12,100	11,900	13,000	11,100	12,200	12,200	12,200	13,220	11,090	11,637	11,753	12,528	10,975
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,500	13,600	13,100	-	12,500	12,200	11,800	11,700	10,900	11,000	10,700	11,042	11,413	11,879	11,666	11,497	11,876
Total operating expenses
277,800	308,600	308,200	309,500	306,800	332,100	358,100	364,600	374,300	463,200	372,800	388,800	362,700	386,600	386,700	398,100	364,000	468,800	352,000	374,500	328,900	448,100	341,700	351,300	337,900	342,800	334,900	322,600	296,200	313,700	365,900	327,000	282,200	285,560	281,622	275,695	262,323	254,413	247,119
OPERATING INCOME
13,100	12,700	16,400	14,300	8,600	13,700	-10,900	10,000	5,700	-55,000	25,000	21,200	23,400	29,600	26,100	16,200	23,100	12,300	16,600	-15,700	1,700	-3,000	16,300	21,100	37,000	43,000	48,100	42,500	44,300	40,700	-27,300	3,100	35,900	36,316	40,325	34,258	31,701	38,474	36,778
Other expenses
Net securities gains
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	22,400	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Interest expense
23,800	24,300	24,800	14,000	13,900	13,800	13,800	13,700	12,300	11,700	11,600	11,200	10,800	11,200	11,300	11,200	11,300	11,600	11,200	11,400	11,100	11,500	11,600	11,400	9,700	10,000	10,000	9,900	17,400	17,600	17,700	17,700	17,900	20,480	22,234	22,873	20,613	24,689	27,440
Debt extinguishment costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-45,300	0	0	0	0	-	-	-	-	-	-
Other non-operating expense
-1,100	-1,200	-1,200	-35,300	-1,600	-1,400	-1,500	-1,400	28,500	-1,500	-1,700	-1,400	-1,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-100	-300	-	-	-770	-14,856	-	-	-
Net securities gains
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	32,816	-	-	-277
Total other expenses
-24,900	-25,500	-26,000	-49,300	-15,500	-15,200	-15,300	-15,100	16,200	-13,200	-13,300	-12,600	-12,100	-18,700	-11,300	-11,200	-11,300	-11,600	-11,200	-11,400	-11,100	11,500	-11,600	11,000	-9,700	-10,000	-10,000	-9,900	-62,700	-7,600	-17,800	-18,000	-17,900	-54,270	-23,004	-4,913	-20,613	-24,689	-27,717
Loss before income taxes
-11,800	-12,800	-9,600	-35,000	-6,900	-1,500	-26,200	-5,100	21,900	-68,200	11,700	8,600	11,300	10,900	14,800	5,000	11,800	700	5,400	-27,100	-9,400	8,500	4,700	32,100	27,300	33,000	38,100	32,600	-18,400	33,100	-45,100	-14,900	18,000	-17,954	17,321	29,345	11,088	13,785	9,061
Income tax expense
9,700	-900	-1,900	-7,800	6,600	11,000	-5,300	-7,400	14,800	-15,700	4,000	2,400	2,500	4,000	4,700	1,900	16,000	-1,100	500	-14,700	62,600	-2,000	7,700	6,500	-11,700	9,600	15,600	13,500	-5,800	12,900	9,600	10,200	7,700	-21,071	1,487	2,941	-2,957	3,800	2,213
NET LOSS
-21,500	-11,900	-7,700	-27,200	-13,500	-12,500	-20,900	2,300	7,100	-52,500	7,700	6,200	8,800	6,900	10,100	3,100	-4,200	1,800	4,900	-12,400	-72,000	10,500	-3,000	25,600	39,000	23,400	22,500	19,100	-12,600	-	-54,700	-25,100	-	3,117	15,834	26,404	14,045	9,985	6,848
Net Income Loss After Tax And Before Equity Method Investments
-	-	-	-	-	-	-	-	-	-	-	6,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,500	-	-	-	-54,700	-	10,300	-	-	-	-	-	-
LOSS PER COMMON SHARE
Basic (usd per share)
-0.28	-0.13	-0.10	-0.41	-0.21	-0.20	-0.32	0.04	0.11	-0.83	0.12	0.10	0.14	0.12	0.16	0.05	-0.07	0.03	0.08	-0.20	-1.16	0.21	-0.05	0.40	0.54	0.33	0.31	0.27	-0.18	0.29	-0.77	-0.35	0.14	-	0.22	-	-2.08	-0.30	-
Diluted (usd per share)
-	-	-0.10	-0.41	-	-	-0.32	0.03	0.11	-	0.12	0.09	0.13	0.11	0.15	0.05	-0.07	0.03	0.08	-0.20	-1.16	0.21	-0.05	0.40	0.54	0.33	0.31	0.27	-0.18	0.29	-0.77	-0.35	0.14	-	0.22	-	-2.08	-0.30	-
Weighted-average outstanding common shares and equivalents used in computing loss per share
Basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10.97	-	-	-0.31
NET INCOME (LOSS)
-21,500	-11,900	-7,700	-27,200	-13,500	-12,500	-20,900	2,300	7,100	-52,500	7,700	6,200	8,800	-	10,100	3,100	-	-	-	-	-	-	-	-	-	-	22,500	19,100	-12,600	-	-54,700	-25,100	-	3,117	15,834	26,404	14,045	9,985	6,848
Accretion on mezzanine equity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	77,465	-	-	-
Additional consideration issued in connection with conversion of mezzanine equity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	366,797	-	-	-
Cash dividends paid on mezzanine equity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,477	-	-	-
Net income (loss) available to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,834	-438,335	-	-	-
Accrued preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33,209	31,981	30,667
Accretion recognized on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,559	2,592	1,979
Net income (loss) available to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-21,723	-24,588	-25,798
Basic and diluted weighted-average outstanding common shares and equivalents used in computing loss per share
77,400	77,100	76,400	66,100	64,800	64,400	64,500	64,500	63,800	63,400	63,100	63,000	62,100	62,100	62,200	62,500	62,400	62,200	62,100	62,100	62,000	62,700	63,300	63,600	71,600	71,700	71,600	71,600	71,500	71,500	71,500	71,500	71,500	-	71,478	-	10,455	83,336	83,266
Diluted
76,400	-	76,400	66,100	64,500	-	64,500	66,400	66,200	-	66,200	66,300	66,100	68,800	66,400	66,000	62,400	60,500	63,800	62,100	62,000	63,000	63,300	63,800	71,900	72,300	72,000	71,800	71,500	71,400	71,500	71,500	71,600	-	72,176	-	10,455	83,336	-
Basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	39,959	-	-	-